Page 39 - Financial Action Task News Today

"The primary objective of this alliance is to identify, investigate and penalise individuals and organisations involved in wrongful activities within the Forex market."

“The primary objective of this alliance is to systematically identify, thoroughly investigate and appropriately penalize individuals and organizations involved in wrongful activities within the FX market.

Progress has been remarkable, but Nepal still faces challenges. We need to work together to solve them. This is why today, I will set out how the UK is reshaping our development approach, focusing on eight programs that aim to deliver over £400m in grant support to Nepal by the end of the decade.

In a major move to safeguard Nigeria's Foreign exchange market and curb rising inflation, the Office of the National Security Adviser (ONSA) has aligned with the CBN to crush dollar speculators in the country.

In a concerted effort to safeguard Nigerias foreign exchange market and combat speculative activities, the Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN) are joining forces to address challenges impacting the nation’s economic stability. | Pulse Nigeria

February 20, (THEWILL) - The Office of the National Security Adviser (ONSA) and the Central Bank of Nigeria (CBN), have teamed up to clamp down on forex speculators across the country. A statement by the Head, Strategic Communication, ONSA, Zakari Mijinyawa, said the partnership was aimed at safeguarding Nigeria’s foreign exchange market and combat speculative

In early 2023, offshore jurisdictions like Jersey, Cayman Islands and British Virgin Islands passed legislation that indicated they were welcoming virtual assets service providers (VASPs). Lawyers share that this will allow VASPs to anchor in the said jurisdictions despite increased regulatory burdens, compliance costs and stringent penalties. 

A MAJOR shake-up to eliminate corrupt activities in the Department of Deeds, Companies and Intellectual Property is underway, The Sunday Mail has learnt. This follows a series of complaints and accusations of malpractices reported against the department. Cases involving fake, stolen or duplicate title deeds have been on the increase over the past few years,…

A MAJOR shake-up to eliminate corrupt activities in the Department of Deeds, Companies and Intellectual Property is underway, The Sunday Mail has learnt.This fo...

BoG Re-affirms Anti-Money Laundering Regime